Sat 25 Feb 2017

Challenge 60 - Generate a list of 2nd and 4th Saturdays for a Year

By |Saturday, February 25th, 2017|Categories: Challenges|Tags: , , , , , , , |1 Comment

In India, 2nd and 4th Saturdays are very important days as on these days, the banks remain closed. Hence, banks in India are closed on all Sundays and 2nd and 4th Saturdays apart from their holiday calendar.

To calculate Networkdays for banking industry in India needs that the list of 2nd and 4th Saturdays needs to be generated. You know the syntax of NETWORKDAYS -

NETWORKDAYS.INTL(Start_Date, End_Date, [Weekend],[Holidays])

In weekend parameter, we can specify Sunday as weekend and in Holidays list, we can put the holidays and also the 2nd and 4th Saturdays.

Now, the challenge before you is to write a formula which takes Year as Input from A1 and which when dragged down produces the 2nd and 4th Saturdays.

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Note - The solution to above problem will be published after a month i.e. on 25-Mar-17.

Sat 18 Feb 2017

Tips & Tricks 156 - Get Workbook's Directory from Formula

By |Saturday, February 18th, 2017|Categories: Tips and Tricks|Tags: , , , |0 Comments

If your workbook is located in say C:\Excel\MyDocs, the formula to retrieve the directory for this would be

=LEFT(CELL("filename",A1),FIND("[",CELL("filename",A1))-2)

Note - For this formula to work, you workbook must be saved at least once.

 

Sat 11 Feb 2017

Downloads 12 - Template 10 - A Flexible Amortization Schedule Generator

By |Saturday, February 11th, 2017|Categories: Downloads|Tags: , , , , , , , , , , , , , , , , |0 Comments

This flexible Amortization Schedule Generator can be downloaded from Amortization Schedule Template

1. You can specify Interest Rate not only annually but also weekly, monthly, quarterly and half yearly. Default is Yearly if nothing is specified.

2. You can specify Loan Period in weeks, months, quarters, half years and years. Default is Years if nothing is specified.

3. You can specify payment frequency not only monthly but also in weekly, quarterly, half yearly and annually also. Default is Months if nothing is specified.

4. You can also specify the decimal places to be shown in your figures.

5. PMT and few other financial functions have a parameter called TYPE which can also be specified. Default value is End.

6. It will automatically put the border around the data.

7. The schedule is valid for a period of 50 years.

8. If you are printing it, choose FROM and To pages otherwise it will print many pages which are not needed as formulas are contained in cells beyond visible data also.

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Sat 11 Feb 2017

Tips & Tricks 155 - Gridlines not Visible, Help!!

By |Saturday, February 11th, 2017|Categories: Tips and Tricks|Tags: , , , , , , |0 Comments

You may try following one by one and verify your results

1. Update your Printer Driver to latest from internet (Or change your default printer driver to PDF/XPS/One Note)

2. Select the triangle between row 1 and column A to select entire sheet (or CTRL+A, 3 times).

Home tab > Go to Paint Bucket and select No Fill (or any other color other than white).

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3. View tab > Check Gridlines if not already checked.

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4. File > Options > Advanced

Make sure Gridline color is set Automatic (or any other color other than white)

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5. Select the triangle between row 1 and column A to select entire sheet (or CTRL+A, 3 times) > Right Click > Format Cells > Border Color should be Automatic or any other color other than white.

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Sat 04 Feb 2017

Challenge 59 - Clean the Problem Workbook Data

By |Saturday, February 04th, 2017|Categories: Challenges|Tags: , , , , , |1 Comment

Download the the workbook from the below link. The Challenge before you is to write a formula to clean the data. If you perform any mathematical operation on the data, it will return #VALUE error. You need to clean the data through a formula.

Challenge 59 - Problem Workbook

The solution to the above problem will be posted after a month i.e. on 4-Mar-17.